Gascoyne Resources Ltd (ASX:GCY) has appointed Simon Lawson as its new managing director and chief executive officer, following the departure of Richard Hay.
Lawson, formerly the managing director of Firefly Resources Ltd, joined Gascoyne as a non-executive director on November 10, 2021, following the implementation of the scheme of arrangement with Firefly.
He specialises in resource asset identification and the rejuvenation of operating mines.
Lawson has built and led teams that contributed more than 3 million ounces and in excess of 15 years mine life to several high-profile mining operations across a number of highly successful gold producers.
He has previously held senior geology roles at major Australian gold producer Northern Star Resources Ltd (ASX:NST), as chief geologist – Paulsens and then group principal mine geologist, he was a founding member of the team, which built the business from a junior explorer to a major multi-mine gold producer.
Strong track record
Gascoyne chairman George Bauk said: “Since joining Gascoyne in January 2019, Richard led the successful operational turnaround and recapitalisation of Gascoyne and achieved the establishment of the most cost-effective mill in the region not least through his significant efforts to build a very effective team, which is a great credit to him.
“We wish Richard well for the future.
“Simon brings a strong track record in operational improvement and resource expansion, which are aligned with Gascoyne’s objectives for the next stage of our growth.
“His knowledge of the Yalgoo region and surrounding assets will be particularly important as we look across the region to generate multiple ore sources for Dalgaranga to deliver a step change in production and profitability in the years ahead.”
Deliver on strategy
Hay added: “In my nearly three years at Gascoyne I am proud to have worked with a fantastic team of people who have achieved so much across all aspects of the business.
I know the Gascoyne team will continue to pull together and deliver on the strategy to deliver value from the regionally strategic Dalgaranga asset and wish them all the very best for the future.”
Deliver improved cash flows
Lawson said: “I want to thank Richard for handing over to me an effective operation with an outstanding team, so that we can now focus on generating multiple higher grade ore sources for our Dalgaranga mill not just through our now combined land package including the Melville deposit but also by accessing other regional higher grade ores.
“The strategy aims to deliver improved cash flows and hence improved value for all our stakeholders.”